Investors flock to emerging markets to benefit from post-coronavirus recovery
Asia and Latin America among popular choices
In Peru, a single-A rated, medium-dated government bond yields 4% and the cost of hedging that is close to zero
Emerging markets could be set to outperform their developed counterparts as positive movements on a Covid-19 vaccine and "horrific headwinds" for western economies give investors renewed optimism on the asset class.
In the ten years to 31 December 2019, the MSCI Emerging Markets index returned 74.9%, well below that of the MSCI World index, which gained 201.2% during that period. However, in 2020 that performance...
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